ANEL vs. JEDI

Last updated Jul 12, 2026

ANEL (Defiance Daily Target 2X Long ANET ETF) and JEDI (Defiance Drone and Modern Warfare ETF) are both exchange-traded funds - ANEL is a Leveraged Equities fund actively managed by Defiance, while JEDI is a Aerospace & Defense fund tracking the BITA Drone & Modern Warfare Select Index. ANEL is actively managed, while JEDI is passively managed. At a 0.27 correlation, their price movements are largely independent. ANEL charges 1.31%/yr vs 0.69%/yr for JEDI.

Performance

ANEL vs. JEDI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2X Long ANET ETF (ANEL) and Defiance Drone and Modern Warfare ETF (JEDI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ANEL achieves a 55.79% return, which is significantly higher than JEDI's 5.31% return.

ANEL

• 1D: 2.23%
• 1M: 25.52%
• 6M: 78.30%
• YTD: 55.79%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEDI

• 1D: -3.58%
• 1M: -19.57%
• 6M: -11.31%
• YTD: 5.31%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ANEL vs. JEDI - Yearly Performance Comparison

	2026 (YTD)	2025
ANEL Defiance Daily Target 2X Long ANET ETF	55.79%	-23.20%
JEDI Defiance Drone and Modern Warfare ETF	5.31%	-3.42%

Correlation

The correlation between ANEL and JEDI is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 26, 2025	0.27

Return for Risk

ANEL vs. JEDI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long ANET ETF (ANEL) and Defiance Drone and Modern Warfare ETF (JEDI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

ANEL vs. JEDI - Drawdown Comparison

The maximum ANEL drawdown since its inception was -56.57%, which is greater than JEDI's maximum drawdown of -39.75%. Use the drawdown chart below to compare losses from any high point for ANEL and JEDI.

Drawdown Indicators

	ANEL	JEDI	Difference
Max Drawdown Largest peak-to-trough decline	-56.57%	-39.75%	-16.82%
Current Drawdown Current decline from peak	-3.67%	-39.75%	+36.08%
Average Drawdown Average peak-to-trough decline	-27.95%	-11.72%	-16.23%

Volatility

Volatility by Period

	ANEL	JEDI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	110.07%	52.09%	+57.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	110.07%	52.09%	+57.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	110.07%	52.09%	+57.98%

ANEL vs. JEDI - Expense Ratio Comparison

ANEL has a 1.31% expense ratio, which is higher than JEDI's 0.69% expense ratio.

Dividends

ANEL vs. JEDI - Dividend Comparison

Neither ANEL nor JEDI has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both ANEL and JEDI in my portfolio?

ANEL and JEDI have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ANEL or JEDI?

On fees, JEDI is cheaper at 0.69% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ANEL or JEDI?

JEDI is cheaper with a 0.69% expense ratio, compared with 1.31% for ANEL.

Which ETF pays a higher dividend yield, ANEL or JEDI?

ANEL and JEDI have nearly identical dividend yields, around 0.00%.

What is the main difference between ANEL and JEDI?

ANEL is categorized as Leveraged Equities, while JEDI is Aerospace & Defense. Their fees differ too: 1.31% for ANEL and 0.69% for JEDI.